A compression pet collar clasp is a device, thin and elongated in shape, whose purpose is to provide a releasable attachment to an animal collar. A leash, rope, etc . . . is fixed securely to one end, the opposing end has a pivoting latch member that is moveable between a closed and opened position. The closed position is maintained by a compress spring, supported by a stationary base member, exerting upward resistance on the latch member. Opening and thereby allowing animal collar attaching or disengaging is accomplished by applying downward pressure on the latch member with a thumb or finger. The stationary base member, compress spring, latch member and latch member pivot pin are encased within a pair of decorative handles.